The CBN's MPC maintains the Monetary Policy Rate (MPR) at 27 per cent, signalling a continued tight policy stance. Read the detailed report on the retained CRR, Liquidity Ratio, and corridor adjustments.

The Central Bank of Nigeria has revised its Standing Facility corridor, lowering SLF and SDF rates to boost interbank liquidity and encourage private sector lending while maintaining the MPR at 27%. Analysts say the move enhances monetary policy transmission and supports real-sector credit.

Governor Babajide Sanwo-Olu has presented a ₦4.237 trillion “Budget of Shared Prosperity” for 2026, outlining major allocations for infrastructure, economic affairs, health, education, and social welfare, with revenue projections of ₦3.993 trillion and a ₦243 billion deficit.

Delta State Governor Sheriff Oborevwori inaugurates a newly completed housing cluster and infrastructure in Okuama, Ughelli South, marking a key step in post-crisis reconstruction and community renewal.

HDAN cautions that rising insecurity across Nigeria is undermining real estate investment, delaying projects, and worsening the housing deficit. The group calls for urgent government action to restore confidence and protect ongoing developments.

The Federal Government is evaluating lagoon backfilling as a cost-effective alternative to a 3km bridge on the Lekki Deep Seaport–Epe–Ijebu-Ode access road, aiming to accelerate delivery of the 50km dual carriageway funded through an EPC+F model with CHEC.

A Federal High Court has dismissed Winhomes Global Services’ lawsuit over the Lagos–Calabar Coastal Highway, confirming the company no longer holds legal interest in the disputed land. Project proceeds on schedule.

The Federal Government announces the opening of the first 47km of the Lagos–Calabar Coastal Highway between December 12–17, 2025, following a court ruling clarifying Winhomes’ legal claims. The project aims to enhance trade, mobility, and regional economic growth.

The Central Bank of Nigeria reports a sharp increase in loan defaults across unsecured and corporate lending in Q3 2025, highlighting growing financial stress among households and businesses amid macroeconomic pressures.

Indigenous residents in the FCT call on Minister Nyesom Wike for fair compensation following the demolition of homes in Kuchibedna, citing displacement and threats to cultural heritage.